Exhibit 10.10.4
AMENDMENT THREE TO
THE COCA-COLA COMPANY
SUPPLEMENTAL PENSION PLAN
This Amendment Three to The
Coca-Cola Company Supplemental Pension Plan (the
“Plan”) is adopted by The Coca-Cola Company Benefits
Committee (the “Committee”).
WITNESSETH:
WHEREAS , pursuant to Section 7.4 of the Plan, the
Committee has the authority to amend the Plan;
WHEREAS , the Committee wishes to amend the Plan to make
various changes;
NOW, THEREFORE
, the Committee hereby amends the
Plan as follows:
1.
Section 3.2(b) shall be replaced with
the following paragraph:
The survivor benefit payable in the
event of a Participant’s death shall be as described in
Section 3.4 below.
2.
The first paragraph of
Section 3.3(a)(1) shall be replaced with the following
paragraph, effective as of January 1, 2008:
If a Participant is entitled to
monthly annuity payments, except in the event of Disability, the
annuity shall be determined as of the first day of the month
following the month in which he has a Separation from Service,
provided the Participant is vested in his Supplemental Pension
Benefit, and shall commence within 90 days following Separation
from Service.
3.
Section 3.3(b)(1) shall be replaced in
its entirety with the following two paragraphs, effective as of
September 30, 2008:
If a Participant is entitled to a
lump sum payment, his Supplemental Pension Benefit shall be paid on
the last business day of the sixth month following the month in
which the Participant has a Separation from Service.
If a Participant is not vested in
his Supplemental Pension Benefit at the time of Separation from
Service, but later becomes vested, the lump sum shall be paid on
the first day of July following the year in which the
Participant vests.
4.
Section 3.4(b) shall be replaced in
its entirety with the following:
(b)
Pre-Separation Survivor’s Benefit
(1)
Death on or after Earliest
Retirement Date
If a married Participant dies on or
after his Earliest Retirement Date and prior to Separation from
Service, his surviving spouse, if any, shall receive a survivor
benefit as described in this section. A monthly 50% survivor
annuity shall be payable on his behalf to his Beneficiary.
Such survivor annuity shall be determined as of the first day of
the month following the month in which the Participant dies, and
shall commence within 90 days following death.
Such survivor annuity shall be equal
to the monthly benefit that would have been payable to the
Beneficiary if the Participant:
(1)
had a Separation from Service on the
date of death; and
(2)
elected to have his benefits paid in
the form of a Joint and 50% Contingent Annuity
At any time on or after the
Participant’s Earliest Date, the Participant may elect an
optional form of survivor benefit, consisting of either a 100%
survivor annuity or a 75% survivor annuity. Such survivor
annuity shall be calculated as described above, except that 100% or
75%, as applicable, shall be substituted for 50%.
Payments shall cease with the
payment due on the first day of the month in which occurs the
Beneficiary’s death.
(2)
Death prior to Earliest Retirement
Date
If a married Participant dies prior
to his Earliest Retirement Date and prior to Separation from
Service, his surviving spouse, if any, shall receive a survivor
benefit as calculated in Section 3.4(b)(1) above.
Such survivor annuity shall be determined as of the first day of
the month following the month in which the Participant would have
attained his Earliest Retirement Date, and shall commence within 90
days following that date.
5.
4.1
Forfeitability of Part A
Supplement
